NBC News reported this week that Paul Konigsberg, an attorney and accountant, was charged yesterday with falsifying records and related securities connected to the Bernie Madoff Ponzi scheme. Konigsberg is the only non-Madoff family member who owned a controlling interest…
Raj Rajaratnam Sentenced To 11 Years In Historic Insider Trading Case
The longest prison sentence ever dished out for the crime of insider trading has just been given this morning. Hedge fund billionaire Raj Rajaratnam was sentenced to 11 years in prison for insider trading practices that resulted in over $50…